Par value is simply the stated value of a share of stock or bond when it's first issued. While the definition of par value is the same for both stocks and bonds, how it affects investors differs ...

Corporate-bond valuations are in nosebleed territory, flashing their biggest warning in almost 30 years as an influx of money ...

And interest rates are poised to move lower, which means bond prices will ratchet up. (Interest rates and bond prices move in opposite directions.) Together, that’s a double leg up for bond ...